XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 02, 2022
Jul. 03, 2021
Jul. 02, 2022
Jul. 03, 2021
Revenues:        
Total net sales $ 714,319 $ 681,647 $ 1,404,891 $ 1,290,192
Costs and operating expenses:        
Selling and administrative expenses 161,877 158,213 319,352 301,409
Research and development expenses 44,006 44,949 84,478 83,041
Purchased intangibles amortization 1,598 1,809 3,271 3,649
Acquired in-process research and development (Note 2)     9,797  
Total costs and operating expenses 514,687 485,225 1,009,789 922,500
Operating income 199,632 196,422 395,102 367,692
Other income, net 1,535 9,321 1,705 18,680
Interest expense (11,419) (12,027) (22,478) (22,973)
Interest income 2,526 3,698 4,640 7,799
Income before income taxes 192,274 197,414 378,969 371,198
Provision for income taxes 27,410 30,122 54,274 55,779
Net income $ 164,864 $ 167,292 $ 324,695 $ 315,419
Net income per basic common share $ 2.74 $ 2.71 $ 5.38 $ 5.09
Weighted-average number of basic common shares 60,206 61,685 60,399 61,979
Net income per diluted common share $ 2.72 $ 2.69 $ 5.35 $ 5.05
Weighted-average number of diluted common shares and equivalents 60,510 62,157 60,744 62,435
Product [Member]        
Revenues:        
Total net sales $ 469,630 $ 440,955 $ 920,470 $ 822,977
Costs and operating expenses:        
Costs and operating expenses 202,356 176,745 393,966 335,621
Service [Member]        
Revenues:        
Total net sales 244,689 240,692 484,421 467,215
Costs and operating expenses:        
Costs and operating expenses $ 104,850 $ 103,509 $ 198,925 $ 198,780